Raising the Debt CeilingFinancially InclinedTake our Econ 101 Crash CourseI've Always Wondered ...

Loading...

0:00
0% played
Marketplace is a public service newsroom powered by you. Give Now
Support Marketplace
Marketplace Shop
ABOUT SHOW
The unemployed are often locked out of low-rate refi market
Oct 15, 2021

The unemployed are often locked out of low-rate refi market

Share Now on:
Share
HTML EMBED:
COPY
HTML EMBED
Download
Spencer Platt via Getty Images
Plus: The Weekly Wrap, housing loans remain strong and foreclosures creep back up.

Segments From this episode

The Weekly Wrap

Bloomberg’s Jordyn Holman and ADP’S Nela Richardson chat with Kai Ryssdal about retail sales, supply chains and more.

Listen Now
Share Now on:

Demand for bank loans isn't strong. Housing loans are the exception.

by Justin Ho
Oct 15, 2021
Consumers and businesses have used pandemic benefits to pay down loan balances.
While pandemic relief helped individuals and businesses pay the bills, demand for residential loans has remained strong this year.
Joe Raedle via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Foreclosures rise as pandemic protections expire

by Amy Scott
Oct 15, 2021
But filings are still well below historical norms. And analysts are not expecting anything like the foreclosure crisis during the last recession.
A lender-owned home for sale in Rialto, California, in February 2008. While foreclosure rates are currently at historic lows, there's been a jump in recent months as pandemic relief ends.
Robyn Beck/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

What does the Federal Reserve board of governors do, besides voting on interest rates?

by Nancy Marshall-Genzer
Oct 15, 2021
There are seven members of the board of governors. Usually.
Randal Quarles, a member of the Federal Reserve board of governors, was vice chair for supervision at the central bank until this week. The Fed said that position would go unfilled.
Lintao Zhang via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Unemployed and unable to refinance

by Samantha Fields
Oct 15, 2021
With mortgage rates around 3%, many of those who might benefit the most from refinancing and reducing their monthly payments aren’t able to.
courtneyk via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Music from the episode

Fishtail Parker Nightmares On Wax
Santeria Sublime
Inside Out Spoon
Lord of the Fries Polyrhythmics
Standing In The Middle Of The Field - Tensnake Remix Cut Copy, Tensnake
Will You Miss Me The Notting Hillbillies

The team

Nancy Farghalli Executive Producer
Daisy Palacios Senior Producer
Maria Hollenhorst Producer
Sean McHenry Associate Producer

Latest Episodes From Our Shows

May 26, 2023
28:44
May 26, 2023
28:11
May 26, 2023
1:50
May 26, 2023
8:44
May 26, 2023
9:06
May 26, 2023
18:56
May 25, 2023
42:08
Here's what you need to know before investing in the stock market
Financially Inclined
Here's what you need to know before investing in the stock market
Debt ceiling deadline is extended to June 5, later than previously estimated, Yellen says
Raising the Debt Ceiling
Debt ceiling deadline is extended to June 5, later than previously estimated, Yellen says
Inflation rose again. Will that sway the Fed on rates?
Marketplace Morning Report
Inflation rose again. Will that sway the Fed on rates?
Disney's new "Little Mermaid" drives a wave of business for the mermaid industry
Disney's new "Little Mermaid" drives a wave of business for the mermaid industry